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Wednesday, October 16, 2013

HURT: No need for lectures from a debt-saddled president - Washington Times

HURT: No need for lectures from a debt-saddled president - Washington Times

ANALYSIS/OPINION:
In the seven years since President Obama voted as a U.S. senator not to raise the federal debt ceiling any higher, he and his government cronies have piled up $7 trillion in crazy new spending that even our grandchildren have little hope of ever paying off.
We citizens signed no document assuming responsibility for this unthinkable spending binge. We never co-signed any trillion-dollar loans.
Yet as reckless and inexcusable as this crowd’s behavior has been, we never missed a payment. We just keep on paying the bills and these people just keep on racking up crazy debt.
Anyone caught failing or refusing to continue paying the bills — no matter how strongly they object to them — has been fined, kicked out of their homes, imprisoned or worse.
Still, Mr. Obama and his government cronies have gone flat broke, yet again, using our credit. And like drug-addled little punks, they have come home — stinking and drunk in the night — and are now pounding on the windows demanding one more loan. They are at the height of their drug-fueled binge and they’ve just got to keep it rolling.
Seven years ago, when then-Sen. Barack Obama objected to raising the debt ceiling, he said that merely bumping up against the debt ceiling was “a sign of leadership failure.”
“It is a sign that the U.S. government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our government’s reckless fiscal policies,” he intoned, senatorially.
“Increasing America’s debt weakens us domestically and internationally,” Mr. Obama warned. “Leadership means that the buck stops here. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. America deserves better.”
All that insane tea party talk was from Mr. Obama back in his pre-hope tween years, when he was just old enough to want world peace but too young to be corrupted by the ravages of bureaucracy. And not yet drunk on the power of spending taxpayer money to tell everybody what to do.
Today, he is a washed-up, aging rock star trying to live off the good vibes of his old days. And he is hopelessly addicted to that drug he once so roundly denounced.
Now Mr. Obama warns that “economic chaos” will ensue if the debt limit isn’t raised again. He accuses anyone who disagrees with his current political position of being terrorists, arsonists and kidnappers who wish to destroy America.
Kind of strange for the single most responsible person for piling $7 trillion in new debt on generations of children to be talking about “economic chaos.”


Read more: http://www.washingtontimes.com/news/2013/oct/15/hurt-no-need-for-lectures-from-a-debt-addled-presi/#ixzz2hu8EREep
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